FxWirePro: Aussie gains against major peers on the back of higher than expected retail sales data
AUD/NZD is currently trading around 1.0543 marks. Pair made intraday high at 1.0549 and low at 1.0488 marks. Intraday bias remains bullish till the time pair holds key support at 1.0450 marks. A daily close below 1.0499 …
Pair made intraday high at 1.0549 and low at 1.0488 marks.
Intraday bias remains bullish till the time pair holds key support at 1.0450 marks.
A daily close below 1.0499 will take the parity down towards key supports around 1.0458, 1.0375, 1.0326 and 1.0237 marks respectively.
On the other side, a sustained close above 1.0499 will drag the parity higher towards key resistances at 1.0570/1.0626/1.0790/1.0865/1.0912/1.0966/1.1062/1.1148 levels respectively.
Australia released retail sales data with positive numbers at 0.6 pct m/m vs 0.2 pct forecast (previous 1.0 pct).